Price trend

Taking the sulfuric acid method rutile titanium dioxide with a large volume of goods in the domestic market as an example, according to data monitoring by SunSirs, the domestic titanium dioxide market price decreased last week. The average price of titanium dioxide on Monday was 14,120 RMB/ton, and the market price on Friday was 13,660 RMB/ton, with a price reduction of 3.26%.

Analysis review

Last week, the domestic price of titanium dioxide was lowered. The international export situation was poor, and the domestic market demand was weak. Enterprise inventory was high, downstream factories were cautious in purchasing goods, and new orders had limited transactions. As of July 4th, the domestic quotation for sulfuric acid based rutile type titanium dioxide was mostly between 12,900-14,100 RMB/ton; the quotation for anatase titanium dioxide was around 11.900-12.300 RMB/ton; The actual transaction price was negotiable.

Market outlook

SunSirs' titanium dioxide analyst believes that the domestic titanium dioxide market price decreased last week. Downstream market demand was weak, and market transactions were sluggish. But the upstream titanium concentrate market was temporarily stable, with a slight increase in sulfuric acid prices, putting pressure on the cost of titanium dioxide. It is expected that in the short term, the market situation of titanium dioxide will be mainly wait-and-see, and the actual transaction price will be subject to negotiation.

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